Envases del Litoral

in implementation

The purpose of the project is: i) to expand production capacity and increase efficiency with the acquisition of two high-demand can production lines and other machinery and equipment; and ii) to reduce gas (butane/propane) consumption and improve environmental air emissions with the purchase of a drying oven equipped with a vapor incinerator that enables solvent vapors to be burned inside the oven. As part of this project, IIC funds will also be used to repay debts that are due in 2006.The proposed financing will support an established company that is a leader in the tinplate can industry. This industry is very relevant in Ecuador because it supplies companies in two important economic sectors: fisheries and agribusiness.